Netflix, Community First up after hours

ChristopherNoble

SAN FRANCISCO (CBS.MW) -- Shares of online movie renter Netflix Inc. rose slightly in evening trading Friday, recouping a small portion of their losses in the regular session, while Community First Bankshares climbed after its takeover by BancWest was approved by regulators.

The Nasdaq 100 After Hours Indicator, which tracks the evening trading of the technology heavy index's leading shares, rose 0.94 point to close at 1,431.92.

Netflix
NFLX, -2.29%
rose 0.4 percent to $10.40 in active trade a day after it gave a weak outlook, said it was lowering its prices and warned that Amazon.com
AMZN, -1.80%
was planning to enter its market. The share lost 41 percent in the regular session. See full story.

Community First Bankshares
CFBX
edged up 0.1 percent to $32.11 after the Federal Reserve Board approved its takeover by BancWest, a unit of French bank BNP Paribas.

Biotechnology giant Amgen
AMGN, -2.09%
rose 0.5 percent to $55.48 in a flurry of trades after it said a U.S. District Court ruled in its favor in a long-running patent dispute with Transkaryotic Therapies
TKTX
and Aventis
AVE, -6.59%
over Amgen's erythropoietin products.

Earlier, the Dow Jones Industrial Average closed 38.93 points higher at 9,933.38, while the Nasdaq Composite Index rose 8.48 points to close at 1,911.50.

Server and software maker Sun Microsystems
SUNW, -0.60%
was active, adding 3 cents to trade at $4 a day after releasing its results. See full story.

Much of the activity after the bell was concentrated in industry bellwethers such as Cisco Systems
CSCO, -4.02%
Intel Corp.
INTC, -1.79%
Oracle Corp.
ORCL, -1.42%
and Microsoft Corp.
MSFT, -1.70%
which often trade heavily because they are so widely held.

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